Professional Client

An investor that is able to meet several regulatory criteria.

An investor that is able to meet several regulatory criteria.

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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Professional Client

An investor that is able to meet several regulatory criteria.
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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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Bond

Learn what a bond is
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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